Rishikesh has once again claimed the title of India’s most expensive hotel destination, maintaining its lead for the second consecutive year. Despite a slight dip in revenue per available room (RevPAR), the spiritual and adventure tourism hotspot continues to attract high-spending travelers, reflecting the strength of India’s domestic leisure market.

Rishikesh Leads in Premium Hotel Rates

Known for its scenic views along the Ganges and its reputation as a wellness retreat, Rishikesh has become synonymous with luxury stays and boutique resorts. The city’s average room rates have remained at the top of national charts, even as other destinations saw fluctuations in pricing. The marginal decline in RevPAR did little to affect its overall ranking, underscoring steady demand from both domestic and international visitors seeking high-end experiences.

Hospitality Sector Records Strong Fiscal Growth

India’s hospitality industry experienced a robust fiscal year, buoyed by a surge in domestic leisure travel and record occupancy levels across major cities. Travelers increasingly favored short-haul vacations and experiential stays, driving growth in both established and emerging markets. The sector’s strong performance highlights how post-pandemic travel patterns have evolved toward quality-driven experiences rather than volume-based tourism.

Mumbai Emerges as Business Travel Leader

While Rishikesh dominates the leisure segment, Mumbai continues to hold its position as India’s top business travel destination. The city’s extensive corporate infrastructure, financial institutions, and connectivity make it a preferred hub for conferences and executive stays. High occupancy rates in premium hotels reflect consistent demand from business travelers who prioritize convenience and service quality.

Delhi and Hyderabad Strengthen Market Presence

Alongside Mumbai, Delhi and Hyderabad have emerged as key centers for business tourism. Both cities have seen notable growth in hotel development and corporate bookings, supported by expanding commercial zones and improved transport links. These urban markets are expected to sustain momentum as companies resume large-scale events and meetings across sectors such as technology, finance, and manufacturing.

Expansion Across 177 New Markets

The hospitality industry is also witnessing ambitious expansion plans across 177 new markets nationwide. This growth reflects investor confidence in India’s travel economy and the increasing demand for diverse accommodation options—from luxury resorts to mid-scale properties catering to regional travelers. Industry analysts view this expansion as a sign of long-term stability driven by rising disposable incomes and evolving consumer preferences. India’s hospitality landscape is clearly diversifying, balancing spiritual retreats like Rishikesh with bustling metropolitan centers such as Mumbai, Delhi, and Hyderabad. As travelers seek both relaxation and opportunity within the country’s borders, the sector appears poised for continued growth supported by innovation, infrastructure development, and sustained domestic enthusiasm for exploration.